Shorting stocks: Broken stocks - Analysis Message Board

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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Bob Biersack who wrote (1540)	7/30/1998 8:42:00 PM
From: RockyBalboa	Read Replies (1) of 2506

Just found the overvalued stock board. A bit surprised to find EASTE here. Because I used to cut it upwards some times now. Although, from time to time I short overvalued stocks or stocks eventually ran up, remember KLB (!), I would never dare to do it in EAST. I agree that 11$ or even 14$ is much for EASTE but guys behind that are tough ones. Good known all over Europe where I live. Berliner Freiverkehr (unlisted securities market in Berlin) is really an area of P'n D,watch out for crazy valuations there. But the guys have enough money to squeeze you to hell. I can give you another example of "successful" Berlin stocks. Notorious ZNET (OTCBB:ZNET) expensive with horrible numbers, Berlin: CYN.BE, or BVF, which is nothing else but Berliner Freiverkehr in a shell. Again, I do not hold a piece of it (my interest is more in Brazil or at the Yahoo's) to the still overvalued biotechs if you find the right stocks there. But not eastbrokers, its much too early and you can't really estimate what Berlin guys are able to do... Christian

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